Marshall Wace LLP Purchases 26,239 Shares of H.B. Fuller (NYSE:FUL)

Marshall Wace LLP raised its holdings in shares of H.B. Fuller (NYSE:FUL - Free Report) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 290,005 shares of the specialty chemicals company's stock after purchasing an additional 26,239 shares during the quarter. Marshall Wace LLP owned approximately 0.53% of H.B. Fuller worth $22,319,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FUL. Neuberger Berman Group LLC grew its position in shares of H.B. Fuller by 1.6% in the fourth quarter. Neuberger Berman Group LLC now owns 11,353 shares of the specialty chemicals company's stock valued at $924,000 after purchasing an additional 179 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in H.B. Fuller during the 1st quarter worth $79,000. New York State Teachers Retirement System increased its position in H.B. Fuller by 3.1% during the 2nd quarter. New York State Teachers Retirement System now owns 88,348 shares of the specialty chemicals company's stock worth $6,799,000 after buying an additional 2,694 shares during the period. Security National Bank of SO Dak acquired a new stake in shares of H.B. Fuller during the fourth quarter worth $236,000. Finally, BNP Paribas Financial Markets boosted its position in shares of H.B. Fuller by 9.9% in the first quarter. BNP Paribas Financial Markets now owns 45,152 shares of the specialty chemicals company's stock valued at $3,600,000 after acquiring an additional 4,077 shares during the period. 95.93% of the stock is owned by institutional investors.

H.B. Fuller Price Performance

H.B. Fuller stock traded down $0.42 during trading hours on Friday, reaching $80.32. 275,893 shares of the stock were exchanged, compared to its average volume of 306,883. The stock has a 50 day moving average of $81.73 and a two-hundred day moving average of $79.59. The company has a market cap of $4.38 billion, a P/E ratio of 27.69, a price-to-earnings-growth ratio of 1.32 and a beta of 1.42. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.13. H.B. Fuller has a twelve month low of $64.64 and a twelve month high of $87.67.

H.B. Fuller (NYSE:FUL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 25th. The specialty chemicals company reported $1.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.23 by ($0.10). H.B. Fuller had a net margin of 4.67% and a return on equity of 13.33%. The firm had revenue of $917.93 million during the quarter, compared to the consensus estimate of $944.04 million. During the same period last year, the business earned $1.06 earnings per share. The business's revenue was up 1.9% compared to the same quarter last year. Equities analysts expect that H.B. Fuller will post 4.4 EPS for the current fiscal year.

H.B. Fuller Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 14th. Shareholders of record on Wednesday, July 31st were given a $0.2225 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Wednesday, July 31st. This is a boost from H.B. Fuller's previous quarterly dividend of $0.22. H.B. Fuller's payout ratio is currently 30.38%.

Insiders Place Their Bets

In related news, VP Heather Campe sold 23,696 shares of the stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $82.66, for a total value of $1,958,711.36. Following the completion of the transaction, the vice president now owns 19,742 shares of the company's stock, valued at approximately $1,631,873.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.96% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of H.B. Fuller from a "buy" rating to a "hold" rating in a research report on Wednesday, September 18th.

H.B. Fuller Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.